FTSE 100 lag on appointing women to boards
Only eight of the top 100 UK companies are likely to meet their voluntary target of having women occupy a quarter of board places by 2015. Gail Purvis reports.
A report from the law firm Pinsent Masons shows that of the UK's 100 richest companies only eight have formally announced that they intend to meet Lord Davies' targets of at least 25% female representation by 2015.
However, 12 companies have already reached that target, though they have made no future commitment, and 32 companies have reached the target for 2011. Martin Webster, a corporate governance expert with Pinsent Masons, pointed out that the number of women appointed to FTSE 100 boards increased from 12.5% to 14.3% since Davies’ report.